Indonesia's Directorate General of Taxation (DGT) has published Regulation No. 196/PMK.03/2021, which regulates the procedures for the implementation of the new voluntary disclosure (tax amnesty) program introduced by Law No. 7 of 2021 on the Harmonization of Tax Regulations. As previously reported, this includes two different programs that run from 1 January to 30 June 2022. The first program covers taxpayers that participated in the prior tax amnesty regime for undisclosed assets acquired from 1 January 1985 up to 31 December 2015. For such assets not yet disclosed under the prior regime, a final tax is imposed at rates of:...